WAYS OF OBTAINING TURKISH CITIZENSHIP (TC) BY INVESTMENT IN 2019
Application of Turkish Citizenship Code Regulation was recently altered and with new changes, foreigners who fulfills the below mentioned ways will be able to obtain Turkish Citizenship for themselves and also for their families in 2019:
Way 1: Minimum 250k USD amount of property (real estate) investment shall be made and this property will not be sold in next 3 years with stipulation. Previously this was 1M USD and now it is reduced to 250k USD (or the equal value of Turkish Liras)
Way 2: Depositing 500k USD (or the equal value in Turkish Liras) in cash for minimum 3 years in any Turkish Bank.
Way 3: 500k USD capital investment will be made which is confirmed by Ministry of Industry and Technology.
Way 4: Purchasing government bonds and bills and keeping them minimum 3 years which is confirmed by Ministry of Industry and Technology.
Way 5: A minimum amount of 500k USD investment shall be made into a Turkish real estate investment trust or buying the shares of the venture capital investment.
As a summary, once one of the ways are fulfilled, it is possible to obtain Turkish citizenship for yourself and for your family members including your wife and your children below 18 years old (18 years old are included)
How long does it take to obtain Turkish Citizenship (TC) for all family members?
Normally it takes around 3-6 months to obtain Turkish Citizenship and Turkish Passports for the investors and the family members when all documentation is duly done. With the altered law, the period is reduced to only 60 days in 2019.